From the CNN article, I can't see what each side is gaining from this agreement. Near as I can tell, the Republicans got a solemn promise from the Democrats to play nice from here on, saving the big guns for when it is really important.
Under the deal, judicial nominees would only be filibustered "under extraordinary circumstances," McCain said.
Hmm, what are the chances that the nomination of a new Chief Justice would count as an extraordinary circumstance? Bring it on, I say, I'm just waiting for the promised gridlock.